Kuwait Petroleum subsidiary acquires 25% stake in China Wanhua Chemical Group
Kuwait Petrochemical Industries, a subsidiary of Kuwait's state-owned oil company, said on the 26th that it had signed an agreement to acquire a 25% stake in China Wanhua Chemical Group.
The company did not disclose the value of the transaction, but said it was Kuwait's largest investment in China's petrochemical industry.
Under the agreement, Kuwait Petrochemical Industries will acquire several industrial units of the group in Yantai, China, which specialize in the production of a variety of petrochemical products, including propylene oxide and acrylic acid.
The company said this will help diversify the Kuwaiti company's high-value product portfolio.
You May Interested In
Glow70/KLOW80 99% China Peptides Warehouse Direct Delivery Lyophilized Powder in Stock
$1.8E+2/UNIT FOB
2026-08-26
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
Wanhua's BorsodChem Restarts 650,000 T/Y of MDI and TDI Capacity in Europe
-
Wanhua Shuts 1.1 Million-Tonne Yantai MDI Unit for 45-Day Maintenance
-
Wanhua Chemical Announces 2026 Investment Plan: RMB 27.3 Billion for Projects Plus RMB 2.22 Billion for Equity Investments
-
Sichuan’s 120,000 Tons Approved, Shandong’s 500,000 Tons on the Way:Is Wanhua Chemical Set to “Break Through” the LFP Market?
-
Global MDI/TDI Plants Enter Peak Maintenance Season, Wanhua Chemical’s Hungary Shutdown Draws Market Attention
-
The Petrochemical Industries Company and Wanhua Chemical Group Sign Agreement to Strengthen Cooperation
-
SUEZ Builds China's Largest Industrial Membrane Desalination Plant for Wanhua Chemical Penglai Industrial Park to Meet Industrial Needs and Protect Scarce Water Resources
-
Wanhua Chemical Expands HMDI and HDI Production Capacity to Lead the Global Market
-
Air Liquide to invest €60 million in ASU for Wanhua Chemical Group
-
Wanhua Chemical launches the world's largest single-unit citral plant in China
Recommend Reading
-
![Covestro’s Sudden MDI Price Hike: What’s Really Rising Isn’t $220, but Pricing Power in North America’s Polyurethane Industry]()
Covestro’s Sudden MDI Price Hike: What’s Really Rising Isn’t $220, but Pricing Power in North America’s Polyurethane Industry
-
![Brenntag Partners with Givaudan to Supply Active Cosmetic Ingredients and Raw Materials to Thailand]()
Brenntag Partners with Givaudan to Supply Active Cosmetic Ingredients and Raw Materials to Thailand
-
![Nouryon Doubles Triethylaluminum Co-catalyst Capacity in China and Makes Several Major Investments]()
Nouryon Doubles Triethylaluminum Co-catalyst Capacity in China and Makes Several Major Investments
-
![South Korea Initiates Anti-Dumping Probe on Chinese PVC Suspension Resin, Involving Tianjin Bohua and Wanhua Chemical]()
South Korea Initiates Anti-Dumping Probe on Chinese PVC Suspension Resin, Involving Tianjin Bohua and Wanhua Chemical
-
![BASF to Build Ammonium Hydroxide Plant in Ludwigshafen, Strengthening Its Electronic-Grade Chemicals Supply Network]()
BASF to Build Ammonium Hydroxide Plant in Ludwigshafen, Strengthening Its Electronic-Grade Chemicals Supply Network
-
![Cost Reduction, Weak Demand: DOP Prices in May Fluctuate and Decline]()
Cost Reduction, Weak Demand: DOP Prices in May Fluctuate and Decline
-
![January China Soda Ash Market Trend Fluctuates Downward]()
January China Soda Ash Market Trend Fluctuates Downward
-
![Market Under Significant Pressure, Hydrofluoric Acid Prices Lowered]()
Market Under Significant Pressure, Hydrofluoric Acid Prices Lowered
-
![Business Society: Bisphenol A Market to Stabilize First, Then Strengthen in January 2026]()
Business Society: Bisphenol A Market to Stabilize First, Then Strengthen in January 2026
-
![Both Supply and Demand Weak, TDI Market Slumps in May]()
Both Supply and Demand Weak, TDI Market Slumps in May
- Hot Searches
- poly ethylene glycol
- sulfuryl fluoride gas
- paraffin wax wholesale
- dap 18 46 0
- methyl salicylate msds
- where to get retatrutide
- sodium potassium mag sulfates 17.5 gram-3.13 gram-1.6 gram oral solution
- pharmaceutical chemicals suppliers
- retatrutide buy online
- buy lignin
- propane sds bernzomatic
- mgda 85